WASHINGTON–The Independent Community Bankers Association of America (ICBA) is holding its Capital Summit in Washington this week and, as is an annual tradition, the group has also released a new poll that found Americans want credit unions held to the same rules as banks.
TROY, Mich.–A new survey of Americans finds most believe the CFPB’s credit card late fee cap of $8 will be helpful, with many saying it will even be “very helpful,” even as the majority of Americans are also unaware of it.
WASHINGTON– The overwhelming majority of small businesses oppose new government mandates on payment networks and instead are more concerned with inflationary pressures than the cost of processing credit cards, as they rely on the security offered by leading credit card networks to operate their businesses and serve their customers, according to a new report.
TALLAHASSEE, Fla.–Patrick La Pine, CEO of the League of Southeastern Credit Unions, is leaving the organization effective today, with the league announcing it has elevated several people to new roles.
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has released research showing 15 million Americans still have medical bills on their credit reports despite changes by Equifax, Experian, and TransUnion.
LOS ANGELES–SCE Credit Union said it has entered into a partnership with Los Angeles County through which foster care youth as young as 13 can open their own checking and savings accounts – without an adult co-owner – through the credit union’s Youth Access Banking program.
WATERLOO, Iowa–Veridian Credit Union is reporting it has reserved $3 million in funding for Disaster Assistance Loans to assist those affected by the severe storms and tornadoes that hit Iowa and Nebraska.
SPRINGFIELD, Ore. –A mother and daughter have been indicted here for an alleged scheme in which they defrauded Oregon Community Credit Union.
BETHPAGE, N.Y.–Bethpage Credit Union has made its first expansion out of state.
GREAT FALLS, Mont.–Through a partnership with the Federal Home Loan Bank of Des Moines, Montana Credit Union has awarded $96,000 in grants to eight local nonprofits.
